USA: Ford's Padilla signs off new F-series investment - FT
Ford will develop an all-new pick-up truck range - its top-selling North American model - in the first phase of a $US7 billion annual product renewal programme, the Financial Times (FT) reported. The newspaper said that the Ford group vice-president who heads North American operations, Jim Padilla, has signed off an estimated $1.0-1.5 billion investment in a new range of F-series trucks.
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